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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Nancy who wrote (1803)3/15/1998 8:30:00 PM
From: Ms. X  Read Replies (2) | Respond to of 34808
 
Hi Nancy,
Sure...
The last signal given on the relative strength was a sell signal. It just recently reversed back up into a column of X's suggesting it will outperform the market. Relative strength column changes are always good to find. This means you are getting in on the beginning of a rally for the stock. Vice versa is true if the RS turns to O's. Stock will probably start under performing the market.
Stock is doing well? Great. Those RS's are always important.

Take care,

Jan